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Missed opportunity for economic growth in the GTA: First ever study on supplier diversity

“The report, Supplier Diversity in the GTA: Business Case and Best Practices, released today, finds that most organizations in the Greater Toronto Area (GTA) are not actively seeking to spend money with companies owned by visible minorities.  While 73% of the organizations under study, some of the GTA’s largest, have employee diversity programs, only 13% have supplier diversity programs. These companies account for at least $100 billion in spending annually, or about 33 per cent of the region’s economic activity.  Not having a supplier diversity program in place is a missed opportunity.”

To read the full article, please click here.